Hugoton Royalty Trust Announces Q3 2024 Distribution
Ticker: HGTXU · Form: 8-K · Filed: Dec 20, 2024 · CIK: 862022
| Field | Detail |
|---|---|
| Company | Hugoton Royalty Trust (HGTXU) |
| Form Type | 8-K |
| Filed Date | Dec 20, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: distribution, royalty-trust, oil-and-gas
TL;DR
HGT paying $0.035/unit on Jan 15, 2025. Record date Dec 31.
AI Summary
Hugoton Royalty Trust announced a quarterly distribution of $0.035 per unit on December 20, 2024. This distribution is for the period ending September 30, 2024, and will be paid on January 15, 2025, to unitholders of record as of December 31, 2024. The trust's operations are primarily related to oil and gas royalties.
Why It Matters
This filing provides unitholders with information on the latest distribution, directly impacting their income from the trust's oil and gas royalty interests.
Risk Assessment
Risk Level: low — This is a routine distribution announcement for a royalty trust, with no significant new risks introduced.
Key Numbers
- $0.035 — Distribution per unit (This is the amount each unitholder will receive for the current quarter.)
Key Players & Entities
- Hugoton Royalty Trust (company) — Registrant
- Argent Trust Company (company) — Trustee
- $0.035 (dollar_amount) — Quarterly distribution per unit
- December 20, 2024 (date) — Date of report and announcement
- January 15, 2025 (date) — Payment date for distribution
- December 31, 2024 (date) — Record date for distribution
- September 30, 2024 (date) — End of period for which distribution is made
FAQ
What is the amount of the quarterly distribution announced by Hugoton Royalty Trust?
The quarterly distribution announced is $0.035 per unit.
When will the announced distribution be paid?
The distribution will be paid on January 15, 2025.
Who is the trustee for Hugoton Royalty Trust?
Argent Trust Company is the trustee for Hugoton Royalty Trust.
What is the record date for the distribution?
The record date for the distribution is December 31, 2024.
For which period is this distribution being made?
This distribution is for the period ending September 30, 2024.
Filing Stats: 485 words · 2 min read · ~2 pages · Grade level 12.6 · Accepted 2024-12-20 14:56:21
Filing Documents
- hgt_8-k_2412_distributio.htm (8-K) — 45KB
- hgtxu-ex99_1.htm (EX-99.1) — 37KB
- 0000950170-24-139008.txt ( ) — 84KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On December 20, 2024, the Registrant issued a news release that it will not declare a monthly cash distribution for the month of December 2024. A copy of the news release is furnished as Exhibit 99.1. The information in this Current Report, including the news release attached hereto, is being furnished pursuant to Item 2.02 of Form 8-K and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to liabilities of that Section.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit 99.1 News Release dated December 20, 2024 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. HUGOTON ROYALTY TRUST By: ARGENT TRUST COMPANY, TRUSTEE Date: December 20, 2024 By: /s/ NANCY WILLIS Nancy Willis Director of Royalty Trust Services EXXON MOBIL CORPORATION By: /s/ KRISTY WALKER Kristy Walker Unconventional Finance General Manager 3